(KPL) The Ambassador of the European Union to the Lao PDR, Mr Leo Faber organized a reception party to celebrate the 69th Europe Day for Europeans to celebrate peace and unity.
This date marks the anniversary of the Schuman Declaration of 1950, which is considered the beginning of European integration.
Present at the event also included Minister of Industry and Commerce Khemmani Pholsena, and hundreds of foreign diplomatic corps and representatives of international organizations.
The EU is a global multilateral player. We are the biggest provider of Foreign Aid, Foreign Direct Investment not to mention our trade volume. We engage with all countries, big and small, around the world and maintain meanwhile 140 Delegations, including those accredited to global and regional organisations, said Ambassador Leo Faber.
This year, the EU has ratified with Japan an Economic Partnership Agreement and the Free Trade Agreement and Investment Protection Agreement with Singapore has received its consent of the EP. The latter agreement is considered one of the precursors of a larger Agreement with ASEAN.
Our relations with Laos are based on true partnership that cannot be limited to the assistance that we provide. More important are the open and frank exchanges and discussions that we manage to conduct on a regular basis and that go beyond our cultural differences. They are based on mutual respect and the universal values that we subscribe to. It is no secret to anyone that I would love to see more exchanges at the higher level between our political leaders and I promise to keep working on that, said the ambassador.
We know of the challenges that Laos faces in its quest for graduation from LDC status and we take these issues to heart. Through the Joint Programming with the Member States and Switzerland we have gained a deeper understanding of the development agenda of Laos and we hope to make a meaningful contribution in the context of aid effectiveness, said Mr Leo Faber.
To the development in the Lao PDR, the EU has contributed in many areas and sectors, such as agriculture and nutrition, education and vocational training, public financial management, diversification of the economy, and governance and the establishment of the rule of Law.
Source: Lao News Agency